KTR accuses Revanth of ₹5 lakh cr land scam

Telangana BRS leader and former minister K. T. Rama Rao (KTR) has strongly criticized the state government’s recently announced Hyderabad Industrial Lands Transformation Policy (HILTP), alleging it could pave the way for one of the largest land scams in India’s history.

KTR claimed that the policy, intended to convert industrial lands within the Outer Ring Road (ORR) into multi-use zones, is being manipulated by Chief Minister A. Revanth Reddy and his close associates to benefit politically connected individuals, middlemen, and real estate developers at the expense of the state. He warned that the government could potentially lose up to ₹5 lakh crore through this scheme.

According to KTR, the policy proposes converting 9,292 acres of industrial land in areas like Balanagar, Gudemmetla, Sanathnagar, and Azampur into multi-use zones. While the market rate for this land is estimated at ₹40-50 crore per acre, the government plans to regularize it at just 30% of the old Sub-Registrar Office (SRO) rates, which are already 4-5 times lower than market value. KTR called this “a clear example of corruption.”

He further criticized the rushed nature of the policy, including a seven-day application window, seven-day approval, and 45-day regularization process, claiming that many deals may have been pre-arranged with select individuals. KTR said that land originally acquired from farmers to generate employment is now being diverted for real estate profit, which he described as against public interest. He also noted that his party had rejected similar proposals when in government.

KTR labeled the policy as a “Congress ATM,” drawing parallels with past attempts to exploit land along the Musi River, metro corridors, and university lands. He alleged that the Chief Minister is focused solely on real estate, surrounded by land dealers, and using the policy for personal gain rather than public benefit.

KTR warned industries and developers not to participate in the scheme, promising that if the BRS returns to power, such agreements would be canceled, and the land would be reclaimed with criminal cases filed against those involved. He suggested an alternative approach - allocate 50% of government land for public use and sell the remaining land through transparent auctions to ensure proper revenue for the state. He also called on the BJP to support public interests and respond to the issue.